View Galt Ocean Mile condo for sale The Commodore 3430 Galt Ocean Drive Fort Lauderdale

Commodore Condos

The Commodore
Galt Ocean Mile Condos

Welcome to our October 2019 / November 2019 post on The Commodore Galt Ocean Mile condos for sale Fort Lauderdale.

Fort Lauderdale condos for sale here in The Commodore offer direct oceanfront units set right on the beach here on the famous Galt Ocean Mile.

 

Search Commodore Condos for Sale

 

There are currently 10 condo units for sale with 2 of these being new listings.

There have been 4 units sold in The Commodore sold over the last 6 months – all 1 bedroom condos.

In this post we discuss units for sale, new listings, pending sales and also recent sales prices, sales prices by bedroom & sales prices per sq ft. 

We also discuss how long units are taking to sell (called days on market) – and how much buyers are paying for units (sales prices to list price %) as well as the highest prices paid for units over the last 6 months!

We also compare recent sales trends in Commodore – Important information for both buyers and sellers!

The Commodore
Galt Ocean Mile – Key Statistics
Commodore Condominium Fort Lauderdale, Florida
Address: 3430 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $330,000 – $1,145,000
  • Median list price $607,500
    2 bedroom 2 bathroom unit

Median Sales Prices

  • Median Sales Price $277,750
    – 1 bedroom 1 bathroom unit
  • Sales Price to Sq Ft Price $263.00
  • Median Sales to List Price 93%
  • Days on Market 29 Days
View Galt Ocean Mile condominium The Commodore 3430 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condominium The Commodore 3430 Galt Ocean Drive Fort Lauderdale

The Commodore
Galt Ocean Mile Condos

The following market report is for the 10 x Commodore Galt Ocean Mile condos for sale here in Fort Lauderdale – well up from our last post!

There were 6 condos for sale as in our last post on The Commodore Fort Lauderdale for March 2019 / April 2019

Our market analysis report for these 10 condos for sale is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 1,115 $330,000
Max 3 / 2 2,123 $1,145,000
Avg 2 / 2 1,786 $693,460
Median 2 / 2 1,711 $607,500

We can see from this market report that the average price for a direct oceanfront condo for sale here in The Commodore is $693,460 – this being for a 2 bedroom 2 bathroom 1786 square foot unit with a list price to square foot price of $376.00

We can also see that the median price for a Commodore condo for sale is $607,500 – this being for a 2 bedroom 2 bathroom 1711 square foot unit with a list price to square foot price of $357.00 – up from our last post!

In our last post the median price for one of The Commodore condos for sale was lower at $584,950 – this being for a 2 bedroom 2 bathroom 1646 square foot unit with a list price to square foot price of $358.00

Note: The lowest priced unit for sale is offered for sale $330,000 – this being for a 1 bedroom 1 bathroom unit of 1,115 square feet!

The highest priced unit for sale is offered for sale $1,145,000 – this being for a 3 bedroom 2 bathroom unit of 2,123 square feet!

Pool view Galt Ocean Mile condominium The Commodore 3430 Galt Ocean Drive Fort Lauderdale
Pool views Galt Ocean Mile condominium The Commodore 3430 Galt Ocean Drive

The Commodore
Condos Pricing Guide

Here are the median prices for The Commodore Galt Ocean Mile condos for sale here on Galt Ocean Mile in Fort Lauderdale.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1,115 $359,900 $323.00
2 / 2 1,657 $580,000 $355.00
3 / 2 2,107 $1,047,000 $497.00

We can see from this report that the median price for:

  • 1 Bedroom condos for sale in The Commodore for sale is $359,900this being for a 1 bedroom 1 bathroom unit of 1115 square feet with a list price to square foot price of $323.00 – In our last post the median for 1 Bedroom units for sale was higher at $369,000 – this being for a 1 bedroom 1 bathroom unit of 1112 square feet with a list price to square foot price of $332.00
  • 2 Bedroom condos for sale in The Commodore for sale is $580,000 – this being for a 2 bedroom 2 bathroom unit of 1657 square feet with a list price to square foot price of $355.00 – In our last post the median for a 2 Bedroom units for sale was the same at $580,000 – this being for a 2 bedroom 2 bathroom unit of 1646 square feet with a list price to square foot price of $358.00
  • 3 Bedroom condos for sale in The Commodore for sale is $1,047,000 – this being for a 3 bedroom 2 bathroom unit of 2107 square feet with a list price to square foot price of $497.00 – In our last post the median for 3 Bedroom condos for sale in The Commodore for sale was $1,074,995 – this being for a 3 bedroom 2 bathroom unit of 2092 square feet with a list price to square foot price of $514.00
View Galt Ocean Mile condo just listed for sale The Commodore 3430 Galt Ocean Drive Fort Lauderdale Unit 308
View Galt Ocean Mile condo just listed for sale The Commodore 3430 Galt Ocean Drive # 308

The Commodore
New Condo Listings

There have been 2 new listings of The Commodore Galt Ocean Mile condos for sale in the last 30 days – In our last post there were no new listings.

Our market analysis report for these new listings in presented below

BEDS / BATHS LA LP$
Unit 308 2 / 2 1,632 $580,000
Unit 1412 2 / 2 1,657 $445,700

We can see from this report that:

The Commodore Unit 308 has just been listed for sale for $580,000this 2 bedroom 2 bathroom 1632 square foot unit has a list price to square foot price of $355.00

The Commodore Unit 1412 has just been listed for sale for $445,700this 2 bedroom 2 bathroom 1657 square foot unit has a list price to square foot price of $269.00


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth P.A. – Realtor
Galt Ocean Mile Specialist
kevinsellsmore@gmail.com
954-459-0337

Click here to email me now

Galt Ocean Mile Condos for Sale
View Galt Ocean Mile New Listings

View Galt Ocean Mile condo recently sold The Commodore 3430 Galt Ocean Drive Fort Lauderdale Unit 704
View Galt Ocean Mile condo recently sold The Commodore 3430 Galt Ocean Drive # 704

The Commodore
Pending Sales

There is currently no condos pending sale in The Commodore Galt Ocean Mile

In our last post there was 1 condos pending sale here at The Commodore – this being Unit 1408 a 2 bedroom Galt Ocean Mile condo!

The Commodore
Sales Last 6 Months

There have been 4 x The Commodore Galt Ocean Mile condos sold over the last 6 months – All of these sales being for 1 bedroom units!

The market analysis report for these 4 sales is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 1,054 $277,500
Max 1 / 1 1,088 $300,000
Avg 1 / 1 1,065 $283,250
Median 1 / 1 1,054 $277,750

We can see from this report that the average price for a Galt Ocean Mile condo sold here in The Commodore over the last 6 months has been $283,250 this being for a 1 bedroom 1 bathroom unit!

We can also see from this report that the median price for a Galt Ocean Mile condo sold here in The Commodore over the last 6 months has been $277,250 this being for a 1 bedroom 1 bathroom unit!

Square Foot Prices
Condos Sold
Here is our market summary report showing square foot prices paid for Fort Lauderdale Condos sold in The Commodore over the last 6 months.

SP$/SqFt
Min $263.00
Max $276.00
Avg $267.00
Median $263.00

We can see from this report that the median sales price to square foot price paid for one of The Commodore Galt Ocean Mile condos sold over the last 6 months has been $263.00 per square foot

Note: the highest sales price to square foot price for one of the 1 bedroom units sold at $276.00!

% Sales to List Price

An important real estate indicator is how much  buyers are paying for The Commodore Galt Ocean Mile Condos for sale – we can gauge this based on the percentage of sales price to list price paid by buyers.

The market analysis report for this is presented below:

SP$/LP$
Min 90%
Max 98%
Avg 94%
Median 93%

We can see from this report that the median sales price to list price for Fort Lauderdale condo here in The Commodore  has been 93% – – down from 95% in our last post

This means if a Fort Lauderdale condo for sale here in The Commodore is listed at $500,000 – then based on median sales data the condo could be expected to sell for 93% of that amount or $465,000.

Days on Market

Days on market for The Commodore Galt Ocean Mile condos is an important indicator on how strong demand is for Fort Lauderdale condos for sale in this complex.

Here is the market analysis report for Days on Market based on condo sales over the last 6 months.

DOM
Min 3
Max 47
Avg 27
Median 29

We can see from this report that the median days on market for a Fort Lauderdale condo for Sale in The Commodore is just 29 days.

Days on market is the time from when the condo was listed for sale till the condo sold AND closed.

The Commodore
Condo Sales Itemized

Here is the data for the 4 x 1 bedroom condos sold over the last 6 months here in The Commodore Galt Ocean Mile

BEDS / BATHS LA SP$
Unit 704 1 / 1 1,088 $300,000
Unit 1004 1 / 1 1,054 $278,000
Unit 1404 1 / 1 1,054 $277,500
Unit 1005 1 / 1 1,054 $277,500

We can see from this report the details for each condo sold – including the most expensive sale over the last 6 months, which was for unit 704 a 1 bedroom unit which sold for $300,000

This 1 bedroom 1 bathroom 1088 square foot condo had a sales price to square foot price of $276.00

Unit 704 had just 47 days on market and sold for 90% of its list price.

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

The Commodore Galt Ocean Mile condos are unit in a great building here in Fort Lauderdale – set right on the beach at Galt Mile.

We currently have some great units for sale here in The Commodore – with 10 condos for sale – a mix of 1, 2 and 3 bedroom units for sale!

I would highly recommend looking a Commodore condos for sale if your looking for oceanfront condos here on The Galt and/or in Fort Lauderdale – the units are spacious and the complex is direct oceanfront and well run!

I hope you have enjoyed this post on Fort Lauderdale condos for sale here in the Commodore

By Kevin Wirth Realtor